Electronic data interchange (EDI), is a standard format for the electronic exchange of information between supply chain participants.
Answer the following statement true (T) or false (F)
True
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Under which of the following conditions does the equipment lease qualify for capital lease accounting?
a. The lease contains a bargain purchase option. b. The lease term is equal to or greater than 75% of the asset's economic life. c. A, and B are correct answers. d. The lease transfers ownership to the lessee at the end of the lease term.
Peter earns $14.50 per hour for straight time (40 hours), and the company pays him time-and-a-half for overtime. He worked 46 hours at his job during the first week of March 2018. What was Peter's gross pay for the week?
A) $667.00 B) $671.50 C) $710.50 D) $1000.50
How does a recipient not-for-profit entity record the receipt of a gift that will be transferred without restriction to another charitable entity? What if the donor retains the right to revoke or redirect the gift?
What will be an ideal response?
Revocation of nonconforming goods allows the buyer to pass the risk of loss back to the seller, but only to the extent that the buyer's insurance covers the loss
Indicate whether the statement is true or false